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CLTD Certified in Logistics, Transportation and Distribution Question and Answers

Question # 4

Which of the following lean tools would a warehouse team use to document, analyze, and improve the flow of information and materials to customers?

A.

Lean six sigma

B.

Kaizen

C.

Value stream mapping

D.

Five S methodology

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Question # 5

A warehouse manager is performing an ABC segmentation of the products in the warehouse Based on the three items shown below, what is the correct warehouse segmentation for these items from the warehouse manager's perspective?

A.

A = Product X, B = Product Z, C = Product Y

B.

A= Product Y, B = Product Z C = Product X

C.

A= Product Z, B = Product Y, C = Product X

D.

A = Product Z, B = Product X. C = Product Y

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Question # 6

Which of the following terms refer to the contract leasing of an airplane where only the equipment, maintenance, and insurance are included?

A.

Wet lease

B.

Dry lease

C.

Damp lease

D.

ACMI lease

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Question # 7

According to the SCOR model, the five major categories of metrics that should be used to measure the performance of Process D1: Deliver Stocked Product include assets, costs, flexibility:

A.

reliability, and responsiveness.

B.

capability, and responsiveness.

C.

reliability, and capability.

D.

reliability, and availability.

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Question # 8

Compared to a centralized distribution network strategy, an organization using a decentralized distribution network strategy can usually expect:

A.

lower cost of lost sales and higher inventory cost.

B.

higher cost of lost sales and higher inventory cost.

C.

lower cost of transportation and lower warehousing cost.

D.

higher cost of transportation and lower warehousing cost.

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Question # 9

A trucking company picks up a shipment and takes it to a terminal where it is consolidated with other shipments going to the same city This trucking company is most likely a:

A.

truckload (TL) carrier

B.

milk run provider

C.

less-than-truckload (LTL) carirer.

D.

private fleet carrier

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Question # 10

According to the Theory of Comparative Advantage, which of the following reasons justifies a country to export a product?

A.

The exporting country produces the product utilizing less labor than other countries.

B.

The exporting country's wage rate in producing the good is lower than in other countries.

C.

The exporting country's productivity is higher in producing the good than the productivity of other countries.

D.

The exporting country's cost of producing the good, relative to other goods, is at least as low as in other countries.

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Question # 11

An operations manager is concerned that the order-to-cash cycle for their largest customer is too long The manager is referring to the time that elapses from when the company receives an order from the customer until the:

A.

customer processes payment.

B.

warehouse is notified to ship the goods

C.

customer receives that order in inventory

D.

company receives payment.

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Question # 12

Airfreight companies often use dimensional (dim) weight to cost out shipments because of which of the following attributes of the product?

A.

Density

B.

Height

C.

Weight

D.

Value

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Question # 13

A restriction that can be classified as a non-tariff barrier would be a(n):

A.

registration license.

B.

import quota.

C.

cargo preference.

D.

manufacturing location.

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Question # 14

Which of the following outcomes of warehouse operations is the most critical in designing a warehouse"?

A.

Optimizing product flow

B.

Minimizing warehousing cost

C.

Increasing inventory counting

D.

Maximizing automation

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Question # 15

A logistics manager seeks total integration of components that are essential to achieve stated objectives. Which of the following frameworks would be best to implement?

A.

Systems concepts and analysis

B.

Total cost of ownership (TCO)

C.

Lean six sigma concepts

D.

Network inventory cost minimization

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Question # 16

In an effort to increase their customer service levels and reduce order cycle time, a company is considering adding two additional warehouses to their overall operations. As a result, which of the of the following statements best reflects the cost impact of the additional warehouses?

A.

Lower inventory costs and higher facility costs

B.

Higher inventory costs and lower facility costs

C.

Higher inventory costs and higher inbound transportation costs

D.

Lower inventory costs and lower inbound transportation costs

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Question # 17

When determining the optimal logistics terminal location, one of the primary goals is to minimize:

A.

peddle time.

B.

stem miles.

C.

the number of pick-up locations.

D.

the size of customer shipments.

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Question # 18

Stockout frequency refers to:

A.

the probability that a firm will not have inventory available to meet customer orders.

B.

a single event where a firm will not have inventory available to meet customer orders.

C.

the cost of sales that a firm will have when insufficientinventory is available to meetcustomer orders.

D.

the percentage of days in which inventory necessary to meet customer orders is missing.

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Question # 19

Excluding cost, which of the following sets of criteria describes the primary drivers for transportation mode selection?

A.

Capacity, transit time, reliability, safety, and supply chain security participation

B.

Accessibility, capacity, transit time, reliability, and financial stability

C.

Accessibility, capacity, transit time, reliability, and safety

D.

Capacity, transit time, safety, supply chain security participation, and availability

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Question # 20

The international commercial document that serves as a quote to obtain a letter of credit or an import license is called a(n):

A.

commercial invoice.

B.

pro forma invoice.

C.

export license.

D.

consular invoice.

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Question # 21

A carrier's costs are driven by equipment movement rather than shipment weight Which of the following rates would be most appropriate for the carrier to utilize in charging its customers?

A.

Incentive rates

B.

Any-quantity rates

C.

Freight all kind (FAK) rates

D.

Per-car and per-truckload rates

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Question # 22

A carrier receives damaged goods. What actions best describes what the carrier should do so that it is not liable for the damages?

A.

Rewrite the bill of lading (B/L).

B.

Make an exception note on B/L from clean to uniform.

C.

Make an exception note on B/L from clean to soiled.

D.

Reject the B/L.

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